1 if you invest 4100 three years from now how much will be, Ask an Expert

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1. If you invest $4,100 three years from now, how much will be in the account 11 years from now if i = 10% compounded annually?

2. If you deposit $4,000 4 years from today, how much can you withdraw 10 years from today if interest is 6 percent per year compounded annually?

3. Ben deposits $3,000 now into an account that earns 6 percent interest compounded annually. He then deposits $1,000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?

4. You deposit $1,500 in a fund at the end of each year for 9 years. The fund pays 5% compounded annually. How much money is available to withdraw immediately after your last deposit?

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Financial Management, Finance

Category:- Financial Management
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